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| | | ... few going as far as taking the role of investment manager themselves. "In Australia, many firms still take a really insular view, so they believe that their competitive advantage comes from going at it alone," he said. "When you look at the US, collaboration ... |
| | | | The Australian Prudential Regulation Authority (APRA) has provided an update on its consultation to modernise the prudential framework on governance for superannuation trustees, banks and insurers. In March, APRA proposed eight measures to update its ... |
| | | | Commonwealth Superannuation Corporation (CSC) has sold a 50% stake in a Sydney premium-grade office tower to GPT Group for $860 million. The two entities have now also established a new office partnership, and upon completion of the investment, GPT ... |
| | | | ... proved difficult to convince many people that this is a good strategy. "They continue to run on hope, but from my point of view hope is not a strategy," he says. "Nobody likes to pay insurance for their house, and maybe you can get away with not paying ... |
| | | | ... being open about their medical history. That is a risk. This is not a good outcome for either customers or insurers. "Our view is that insurers should deal with mental health conditions in a fair and responsible way by assessing each customer's circumstances ... |
| | | | ... wildly. Most job classes will be affected in some way by AI, but suggestions of mass unemployment appear alarmist. In our view, evolution is more likely than revolution, but there is still a lot of water to go under the bridge." Lastly, the world is ... |
| | | | The ASX said it would implement recommendations from an independent panel review on the process for developing corporate governance principles and recommendations. In June, ASX informed members of the Corporate Governance Council that it had established ... |
| | | | ... done, but we lost a few Prime Ministers on the back of that one," Debelle said. "A carbon tax is, from an economic point of view, the most efficient way to align [with climate goals]." Debelle said one of the main impediments for encouraging large-scale ... |
| | | | ... time to check on the performance of what were new schemes by relatively new responsible entities," he says. It's his view that had ASIC flexed the muscle given to it under 601FF, it would have spotted the issues with Shield and First Guardian much ... |
| | | | The Financial Services Institute of Australasia (FINSIA) has a more than 135-year history in Australia. It was formed in 2005 by the merger of the Australasian Institute of Banking and Finance, which was established by a group of bankers in 1886, and ... |
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